United

Coin

<ul class="news-points"> 
 <li>The US Grand Jury indicted SBF on seven count charges.</li> 
 <li>Among the indictment was that he used customer funds for political reasons.</li> 
 <li>SBF’s bail was revoked last week after he allegedly leaked private conversations of his former business partner.</li> 
</ul> 
On Monday, the Grand Jury of the United States filed a superseding indictment against Sam Bankman-Fried (SBF), the disgraced founder of the bankrupt <a href="https://coinedition.com/tag/ftx-news/" rel="noopener noreferrer nofollow">FTX exchange</a>. Among the indictment was that he cornered over $100 million in customer funds for political reasons. 
Fox Business journalist, Eleanor Terrett, took to X to share the development with the crypto community.&nbsp; 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
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 <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f6a8.png" alt="🚨" class="wp-smiley" style="height: 1em; max-height: 1em;">NEW: <a href="https://twitter.com/DOJCrimDiv?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">@DOJCrimDiv</a> files superseding indictment against <a href="https://twitter.com/SBF_FTX?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">@SBF_FTX</a> that alleges Bankman-Fried directed more than $100M in illegal campaign contributions to Democrats and Republicans. Full indictment here:<a href="https://t.co/yLZch4Ccwp" target="_blank" rel="noopener noreferrer nofollow">https://t.co/yLZch4Ccwp</a>— Eleanor Terrett (@EleanorTerrett) <a href="https://twitter.com/EleanorTerrett/status/1691192633387851776?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">August 14, 2023</a> 
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According to the court document, the U.S Criminal Division made 15 damning allegations against SBF and consequently filed seven count charges against him. 
The Grand Jury argued that SBF knowingly used FTX investors’ and customers’ funds to enrich himself. It also claimed he spo… 
The post <a rel="noopener noreferrer nofollow" href="https://coinedition.com/us-grand-jury-files-new-seven-count-charges-against-sam-bankman-fried/">US Grand Jury Files New Seven Count Charges Against Sam Bankman-Fried</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://coinedition.com">Coin Edition</a>.

US Grand Jury Files New Seven Count Charges Against Sam Bankman-Fried

Coin Edition

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